FCA provides further clarity on UK cryptoasset regulation in new draft guidance

What’s the background to this consultation? The UK Cryptoasset Taskforce report published last October committed the FCA to providing guidance on the existing regulatory perimeter, in order to provide more clarity to the market. It also committed the Treasury to consulting on potentially expanding the regulatory perimeter (among other things). This consultation paper sets out the FCA’s draft guidance on the existing regulatory perimeter, for stakeholder feedback. Overview of regulatory perimete